America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019
link : America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019

America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019

Link here. Data points:

• the industry shows no signs of abating
• will do more with less 
• the US will add about 1.45 million bopd this year (2019)
• they added 1.6 million bopd in 2018
• on average, US explorers have cut their capital budgets by 4 percent but are predicting a 7 percent increase in production
• example: Concho
• • despite trimming its budget, Concho expects output to grow about 28% in 2019
• overall:
• • US will likely pump 12.4 million bopd, 13 percent higher this year than in 2018
  • most of the growth will come from the Permian in West Texas and New Mexico

http://bit.ly/2dZyQXu

Thus Article America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019

That's an article America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article America's Shale Boom Keeps Rolling; Average CAPEX Cut 4%; Production Up 7%; Concho Sees Production Increase Of 28% -- Bloomberg -- February 20, 2019 with the link address https://mylivemyidea.blogspot.com/2019/02/americas-shale-boom-keeps-rolling.html

Tweet

Subscribe to receive free email updates: